Kudrin: the punishment of Russia every year loses 0, 8-1% of GDP

The punishment imposed Against Russia cost the Russian economy to 0, 8-1% of the unearned increase of the GDP per year, which is quite a substantial number, in this case as a political tool They don't work, said the Deputy head of the Economic Council under the President of Russia Alexey Kudrin.

"Russia carries significant costs because of penalties. I always call this number from 0, 8% to 1% of the unearned increase of GDP. In the first two years It was almost 1%, is now slightly less. It is every year. For this reason, those who say that the punishment is immaterial - It is not. They seriously affect our economy, growth and living standards ", - transfers its words of RIA "news "" Another thing is that as a political tool - It does not work, and It does not work. With this I agree. It did not affect our policy, " He added. Against Russia there are 3 packs of punishments of the European Union. The first was introduced penalties Against individual citizens of Russia and Ukraine, which the EU considers responsible for undermining the territorial integrity of Ukraine, They extended March 10 to fifteen September 2016. Sectoral restrictive measures Against Russia ? the so-called economic punishments ? are valid until 31 July 2016, and punishment Against the Crimea ? until 23 June 2016. First Wednesday print edition OPINION, wrote that the West began to realize the futility of anti-Russian sanctions.